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monetary neutrality exerts essential importance on the making of monetary policy targets, and its effect. This paper, by employing IRF and AIRF, tests the characteristic of monetary neutrality in china, plus fluctuation features as well. The testing results show: monetary stock, whatever defined...

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This paper empirically analyze the nonlinear relation between real output per capital and public debt by employing threshold cointegration method based on ARDL model. Empirical results show that there exists a threshold cointegration relationship between government debt and real output per...

Chinese...